I have an 1929 $50 Federal Reserve Bank of Chicago National Note and Im wondering what it might be worth?

Question

I have an 1929 $50 Federal Reserve Bank of Chicago National Note and Im wondering what it might be worth?

Answer 1

Check ebay they are going for between $55 and $125 depending on a few things.

Answer 2

You should probably insure it for about $50

Answer 3

I'm gonna go with 50 dollars...

Answer 4

It all depends on the grade of your bill. The condition, whether it was uncirculated.  The centering of the presidents head on the actual bill face and uneven margins can affect it's value. If your bill has any of these problems it may even be more valuable. A lot of factors can change the value of your note and I would take it to be valued by a numismatic society or someone who is knowledgeable in this field. I would probably say for a normal note of this year in relatively normal used state that it would be worth $500 to $600. I am going on notes issued in 1928 $50 that are now selling on the market for this price. Your year could be a little more or less. That's why you need to see a specialist. Good luck.